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Massachusetts bonds

Raynham, MA — Right Of Way Street Opening Bond

Raynham's street-opening application calls for a bond check when applicable, while its bylaw describes an assigned refundable restoration deposit. Before buying a surety bond, ask the Highway Department whether it will satisfy the particular security request for your opening.

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Recorded state
Massachusetts
Bond type
Right-of-Way / Street Work Bond
Category
Contractors & construction

What this bond does

Security requested by the Town of Raynham, Massachusetts for the identified public-way opening and restoration, subject to confirmation of the accepted instrument.

Who needs it
The permit applicant and the qualified contractor performing the Raynham street work, which need not be the same person.
Who it protects
The Town's published deposit procedure secures restoration of the disturbed public way. It does not establish that this surety option replaces that deposit or guarantees the entire private project.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Confirm what Raynham means by the bond request

The current permit index links a combined Street Opening and Trench Permit application. It asks for a Street Opening Bond, if applicable, payable to the Town, and says the application fee and bond must be separate checks. The street-opening bylaw instead describes a refundable deposit assigned according to the work's extent.

Give Highway the work location, plan and actual security request. Have it confirm whether a surety instrument is acceptable, its required form and parties, and whether a separate deposit remains due. Do not assume a purchase sends the Town the check described in its application.

Keep the applicant, licensed worker and permit separate

Under the bylaw, an applicant not performing the work must identify a contractor holding the required Public Works Construction License. Municipal departments and public utilities have specific provisions; the ordinary applicant should not assume those exceptions apply. The combined application requests the PWCL number, excavation-operator licences, Dig Safe information and a work diagram.

Purchase Now opens Propeller. The option displays no fixed amount or term. After the Town confirms an acceptable surety requirement, match its form, applicant, recipient, assigned sum and dates with the issuer, then arrange execution and Town-accepted filing. Obtain the actual street-opening and any applicable trench permission before routine work begins.

For the published deposit procedure, notify the Town when permanent repairs are finished and request inspection. Release concerns the unspent deposit after satisfactory repairs and no other uncured permit defaults; it is not a promise of automatic surety cancellation or a refund of the bond premium.

Sources

Have these ready

  1. Raynham work address, opening dimensions, reason, plan and proposed dates.
  2. Permit applicant, actual licensed contractor, PWCL and operator information.
  3. Highway confirmation of check/deposit versus accepted surety, form, parties, assigned amount and dates.
  4. Executed-security filing, Town permit, notices and permanent-repair inspection/release directions.

Questions about this bond

Will this purchase pay Raynham's refundable deposit?

That equivalence is not established. The application requests a check and the bylaw describes a refundable deposit account. Confirm surety acceptance with Highway before buying.

Must the property owner personally hold the construction licence?

The bylaw allows a permit holder to engage a qualified Public Works Construction License holder to perform the work. Identify the actual applicant and contractor on the Town paperwork.

Is restoration deposit release the same as bond cancellation?

No. The Town describes inspection-based release of its unspent deposit, subject to outstanding defaults. Obtain separate directions for any accepted surety instrument.

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